Real Estate

Courses

REA 1200. Real Estate Broker Pre-License I. 6 hrs.

This course provides students with instruction in real estate fundamentals. Students are required to attend all sessions which include introduction to the license law and real property, basics of agency, seller and buyer relationships and counseling, local, state and federal laws, brokerage, property management, leases, independent contractor and employee status, financing, contracts and title records, transactions, etc. This course is appropriate and required for anyone interested in obtaining a broker license in Illinois. This course fulfills the education requirements for obtaining an Illinois Real Estate Broker license. Offered in partnership with the Illinois Realtors Licensing and Training Center and Illini Valley Association of Realtors. Please note: If you have any disabilities that require special accommodations, please identify those special needs.

REA 1201. Real Estate Broker Pre-Licensing II. 3 hrs.

This course provides students with instruction in real estate fundamentals. Students are required to attend all sessions which include real estate contracts, title records and transfers, real estate financing principles and practices, closing transactions, commerical property, and interactive activities. This course is appropriate and required for anyone interested in obtaining a real estate broker license in Illinois. This course, along with REA 1200, fulfills the education requirements for obtaining an Illinois Real Estate Broker license.

REA 1205. Financing. 1 hr.

This course will cover types of financing, sources of financing, mortgages, trust deed, mortgage notes, prior liens, foreclosure, insurance, and mortgage risk. This course will be graded on a pass/fail basis. An elective course in the real estate brokerage sequence.

REA 1207. Farm Management. 1 hr.

This course will cover: inventorying the assets, methods of farm operation, budgeting cash flow, planning crop production, livestock production, and marketing. This course will be graded on a pass/fail basis. An elective course in the real estate brokerage sequence.